Italian Unemployment Rate Steady at 12.4%


Jobless rate in Italy remained unchanged in May of 2015, from 12.4 percent in the previous month, as unemployment showed no growth while employment fell slightly.

In May, the number of unemployed persons was 3.157 million from 3.161 million in April 2015. While the number of employed persons fell 0.3 percent to 22.330 million from 22.420 million in the previous month. Employment rate was 55.9 percent (-0.1 p.p.), inactivity rate was 36 percent (+0.1 p.p.) and youth unemployment rate (aged 15-24) decreased by 0.1 p.p. to 41.5 percent.

Year-on-year, employment rate increased by 0.3 percent while unemployment rate declined 0.2 percent. Youth unemployment rate fell 1 percent. 

Italian Unemployment Rate Steady at 12.4%


Istat | joana.ferreira@tradingeconomics.com
6/30/2015 9:50:03 AM